Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: empanelment :: cpt :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: form 3cd :: due date for vat payment
 
 
« News Headlines »
 Regarding Filing of online return for first quarter of 2017-18 extension upto 01-09-2017
 Deadline to file returns extended to 28 August for biz with transitional
 GST input tax credit form
  How to rectify income tax returns
 Govt extends tax exemption for industry in North East, hilly states
 Should you file revised Income Tax returns; find out here
 Tax Deducted at Source (TDS) in Goods & Services Tax (GST)
 10 companies that blamed GST for soft June quarter
 How will GST impact the Indian economy
 10 days left to file your first GST return. This is how you do it
 What is property tax and how is it calculated…

FinMin for closure of schemes; job cuts likely
February, 12th 2007

Hundreds of people could lose their jobs, if the Finance Ministry has its way in scrapping 120 central sector schemes in the coming 11th Five Year Plan.

"The Finance Ministry does not want to continue 120 centrally sponsored schemes worth Rs 2,179.83 crore, currently operational in the 10th Plan and disallow their spill over into the 11th Plan," highly placed government sources said.

In order to prevent spillover of these schemes into the 11th Plan, the Finance Ministry has proposed a budgetary allocation of Rs 50 crore for the Department of Expenditure, which would be used in relocation of manpower and meeting the establishment expenditure, till the schemes are wound up, sources said.

The move is aimed at ensuring that no funds are made available for schemes scheduled to close down at the end of the 10th Plan, sources said.
 
"The Finance Minister has already instructed the ministries concerned that the surplus manpower should either be absorbed elsewhere or adjusted as per the existing guidelines," they said.

According to the existing guidelines on relocation of manpower, the employees who would be rendered surplus following closure of the schemes would be put in the surplus cell of the government for a year and the ministries would be asked to accord preference to them while ascertaining their manpower needs.

"Even after a year if they remained unemployed, then they could be forcibly retired," sources said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Experience

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions